I think we're seeing the sunsetting of a golden age for global tech platforms. Countries won't accept SV exerting control, and will seek to regulate or replace the incumbents.
With the benefit of hindsight TikTok was just the opening shot for what is to come.
With the benefit of hindsight TikTok was just the opening shot for what is to come.
https://twitter.com/justindross/status/1348675002779004940
It will take a few years but there will be another golden age for global tech platforms as decentralized alternatives necessarily arise.
Although payments and the SWIFT network might be an instructive analogy. Other countries, including America's allies, have long bristled against the way the American state uses the financial system to exert power. But no one has broken away yet.
In both cases one person can impose sanctions - one financial and the other digital - but the difference is that the President is elected and Zuck, Dorsey, and Bezos are not.
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